Agri-Machinery Loan (AML)
Maasahang makinarya para sa masaganag pagsaka.
Loan Details:
Amount of Loan
80% of the cost of the equipments will be financed by the Bank
Minimum Maintaining Balance to Earn Interest
Monthly / Quarter / Semi-Annual / Yearly
Mode of Payment
Cash / Auto-debit / Check
Security
Chattel Mortgage
Term
Minimum of six (6) months
Maximum of thirty-six (36) months or three (3) years
Basic Requirements
- Valid ID of Borrower
- Four (4) recent 2×2 colored Pictures
- Post Dated Check
- Barangay Clearance (if there’s no Government Issued ID)
- Proof of Income